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Finance

Stay updated with the latest financial news, funding developments, government policies, and insights shaping the finance sector in India.

India's Mahanagar Telephone Nigam surges after report on govt's revival plan

Finance

18 November, 2021

India's Mahanagar Telephone Nigam surges after report on govt's revival plan

Shares of India's state-owned loss-making telecom firm Mahanagar Telephone Nigam Ltd soared as much as 15% on Thursday, after...

Prosus-owned PayU Finance promotes Bhavik Kaul to the post of chief product officer

Finance

18 November, 2021

Prosus-owned PayU Finance promotes Bhavik Kaul to the post of chief product officer

PayU Finance, which owns the ‘Buy Now, Pay Later’ (BNPL) LazyPay, has posted Bhavik Kaul to the post of chief ......

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Avail Fin acquires neobank, seeks  approval  to  buy  NBFC

Finance

18 November, 2021

Avail Fin acquires neobank, seeks  approval  to  buy  NBFC

Avail Finance, which offers loans to blue-collar workers, has acquired YeLo, a neobank operating in the same segment, and is ......

India's Escorts hits record high as Japan's Kubota plans to raise stake

Consumer

18 November, 2021

India's Escorts hits record high as Japan's Kubota plans to raise stake

Japanese firm Kubota Corp will raise its stake in Escorts Ltd to as much as 44.8%, the tractor manufacturer said ......

A dovish rate hike? The case that loose Fed policy could backfire on jobs

Finance

18 November, 2021

A dovish rate hike? The case that loose Fed policy could backfire on jobs

The U.S. Federal Reserve for the past 20 months has put its monetary policy arsenal behind the single-minded goal of ......

Market-bound Northern Arc Capital partners with Dutch entrepreneurial development bank FMO

Finance

18 November, 2021

Market-bound Northern Arc Capital partners with Dutch entrepreneurial development bank FMO

Debt financing platform Northern Arc Capital, which filed for an initial public offering (IPO) this year, has partnered with Dutch...

Carlyle says takeover talks with Metro Bank ended

Finance

18 November, 2021

Carlyle says takeover talks with Metro Bank ended

U.S. private equity firm Carlyle and Metro Bank have agreed to end talks about a possible takeover offer for the ......

India cenbank may launch digital currency pilot next year: report

Finance

18 November, 2021

India cenbank may launch digital currency pilot next year: report

The Reserve Bank of India's digital currency may see its pilot launch in the first quarter of the next fiscal ......

Leo Capital to launch third fund; targets $125 mn

Finance

18 November, 2021

Leo Capital to launch third fund; targets $125 mn

Early-stage venture fund Leo Capital, on Thursday, said it will be floating a new fund of $125 million following two ......

Macquarie initiates underperform rating on Paytm; cuts target price by 40%

Finance

18 November, 2021

Macquarie initiates underperform rating on Paytm; cuts target price by 40%

Brokerage firm Macquarie Research has initiated an "underperform" rating on Paytm owner One97 Communications saying...

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